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May, 2008

NIRI and CFA Institute Centre Release Results of Joint Study on Public Company Guidance Practices and Preferences Accountability Central, May 29, 2008 By NATIONAL INVESTOR RELATIONS INSTITUTE (NIRI) AND CFA INSTITUTE
	The National Investor Relations Institute (NIRI) and CFA Institute have announced the results of a recent simultaneous member survey conducted to gain insight into the practices and preferences of public companies and investment professionals on the subject of public company financial and non-financial guidance. The CFA Institute Centre surveyed CFA Institute members in the United States on the issues of earnings and other guidance, preferences toward corporate communications practices and incentives. These three issues figured prominently in a 2006 CFA Institute Centre white paper co-written with the Business Roundtable Institute for Corporate Ethics, Breaking the Short-term Cycle, which cited a focus on quarterly earnings guidance, poor communications and transparency and current incentive structures as three forces driving short-term thinking in the markets.
Beacon Brings The Successful Anti-Corruption Asia Conference To Singapore China Newswire May 29, 2008
	Beacon brings the Anti-Corruption South Asia Summit to Singapore, following the highly successful Anti-Corruption Asia Summit which was held in Hong Kong at the end of January this year and attended by over 130 in-house counsels from major multinationals and regional companies. Anti-Corruption South Asia Summit is proudly sponsored by White & Case, The Red Flag Group and The Integrity Portal. It is supported by local and international associations, including TRACE International, Business Roundtable Institute for Corporate Ethics, Centre for Sustainability and Excellence, Community Business and CSR Asia.
Fifth Annual Business Roundtable Corporate Governance Survey Finds Increased Independence and Company Oversight by Board of Directors Accountability Central, May 26, 2008 (Reprint of CG Research & Insights October 16, 2007)
	“The spotlight on governance reform in Corporate America is well placed and speaks to the accountability corporations share in creating long-term value for stakeholders,” said Anne M. Mulcahy, Chairman and CEO of Xerox Corporation and Chairman of Business Roundtable Corporate Governance Task Force.
The Man Who Learned Too Much OCMetro Business, May 8, 2008 By Craig Reem
	The dramatic tale of the church’s sex scandal brought to light thousands of victims. [William] Lobdell was a believer going in, but the journey left him profoundly changed by the intimacy of his reporting. The clergy sex scandal and the church’s handling of it “is unique to a lot of organizations,” says Andrew C. Wicks, an ethics professor at the Darden School of Business at the University of Virginia. “This sense of covering it up; there’s evil here, but not a perceived willingness to clean house and hold people accountable.”
Ethicists: Reform needed at City Hall Redding Record Searchlight, May 4, 2008 By Ryan Sabalow
	A pair of experts on business and governmental ethics say that Redding officials need to address a culture at City Hall in which eight employees could carry on lengthy affairs and other inappropriate conduct at the taxpayers' expense for months and never raise red flags. Brian Moriarty, associate director of the Business Roundtable Institute for Corporate Ethics, said such scandals "definitely damage public trust." "Leadership needs to address the question of what are the steps you can take to restore public trust in your organization," said Moriarty, whose institute is based at the University of Virginia.
5 state workers told to return conference gifts Harrisburg Patriot-New, May 3, 2008 By Jan Murphy
	Despite their recent training on ethics in the workplace that discouraged accepting gifts, five state employees returned from a technology conference in Harrisburg with assorted door prizes. Linda Trevino, a Penn State University business professor of organizational behavior, said most companies and government agencies have policies barring employees from accepting gifts beyond a nominal value, such as a pen with a vendor's name on it. Some set dollar limits on gifts that can be accepted. Other policies caution against accepting gifts because of the conflict or appearance of bias they can create.

Listening and learning is key to making genuine progress (subscription only ) Ethical Performance, May 2008 By Jeremy Moon
	Most of us are by now aware that stakeholder relations are important to companies, but sometimes we lose sight of why. Ed Freeman's latest book Managing for Stakeholders: survival, reputation, and success has some of the answers. He sees this as both the 'right thing' to do and the key to successful business.

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